Net current asset value per share (NCAVPS) is a measure created by Benjamin Graham as one means of gauging the attractiveness of a stock. A key metric for value investors, NCAVPS is calculated by taking a company's current assets and subtracting total liabilities.
According to Graham, investors will benefit greatly if they invest in companies where the stock prices are no more than 67% (or 2/3) of their NCAV per share (price <= (2/3)*NCAV).
Coloring pattern: - price <= (1/3)*ncav -> light green - (1/3)*ncav < price <= (2/3)*ncav -> green - (2/3)*ncav < price <= ncav -> dim red - price > ncav -> red
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Total liabilities should be subtracted not current.